Notable Runner: How Analysts Feel About Time Warner Inc After Today’s Significant Increase?

October 12, 2016October 12, 2016Louis Casey

The stock of Time Warner Inc (NYSE:TWX) is a huge mover today! About 1.32 million shares traded hands. Time Warner Inc (NYSE:TWX) has risen 14.45% since March 9, 2016 and is uptrending. It has outperformed by 7.04% the S&P500.
The move comes after 8 months positive chart setup for the $61.29B company. It was reported on Oct, 12 by Barchart.com. We have $97.90 PT which if reached, will make NYSE:TWX worth $14.10 billion more.

Analysts await Time Warner Inc (NYSE:TWX) to report earnings on November, 2. They expect $1.33 earnings per share, up 6.40% or $0.08 from last year’s $1.25 per share. TWX’s profit will be $1.02 billion for 14.96 P/E if the $1.33 EPS becomes a reality. After $1.29 actual earnings per share reported by Time Warner Inc for the previous quarter, Wall Street now forecasts 3.10% EPS growth.

Time Warner Inc (NYSE:TWX) Ratings Coverage

Out of 26 analysts covering Time Warner Inc. (NYSE:TWX), 19 rate it a “Buy”, 0 “Sell”, while 7 “Hold”. This means 73% are positive. Time Warner Inc. has been the topic of 55 analyst reports since August 6, 2015 according to StockzIntelligence Inc. The firm earned “Outperform” rating on Tuesday, October 13 by RBC Capital Markets. The stock of Time Warner Inc (NYSE:TWX) has “Buy” rating given on Thursday, October 8 by Topeka Capital Markets. The stock has “Market Perform” rating given by Cowen & Co on Monday, August 24. The firm earned “Market Perform” rating on Thursday, August 20 by Bernstein. Pacific Crest downgraded Time Warner Inc (NYSE:TWX) on Monday, May 2 to “Sector Weight” rating. The stock of Time Warner Inc (NYSE:TWX) earned “Buy” rating by Topeka Capital Markets on Tuesday, September 15. Deutsche Bank maintained the stock with “Buy” rating in Thursday, August 4 report. The firm earned “Buy” rating on Friday, November 27 by M Partners. The stock of Time Warner Inc (NYSE:TWX) earned “” rating by Albert Fried on Thursday, January 21. The rating was downgraded by CLSA on Thursday, November 5 to “Buy”.

According to Zacks Investment Research, “Time Warner Inc. is the world’s leading media and entertainment company, whose businesses include filmed entertainment, interactive services, television networks, cable systems, publishing and music.”

Insitutional Activity: The institutional sentiment decreased to 0.93 in Q2 2016. Its down 0.40, from 1.33 in 2016Q1. The ratio turned negative, as 65 funds sold all Time Warner Inc shares owned while 334 reduced positions. 66 funds bought stakes while 305 increased positions. They now own 614.82 million shares or 5.49% less from 650.52 million shares in 2016Q1.
Tarbox Group reported 331 shares or 0.02% of all its holdings. Zweig Advisers Llc accumulated 1.37% or 105,000 shares. Ing Groep Nv last reported 0.01% of its portfolio in the stock. Meag Munich Ergo Kapitalanlagegesellschaft Mbh holds 2.07% or 312,064 shares in its portfolio. Moreover, Wall Street Access Asset Management Lc has 0.47% invested in Time Warner Inc (NYSE:TWX) for 10,534 shares. Foster Motley last reported 0.36% of its portfolio in the stock. Argent Trust owns 7,806 shares or 0.25% of their US portfolio. Nicholas Com Wi has 2.65% invested in the company for 1.79 million shares. Moreover, Banced Corp has 0.7% invested in Time Warner Inc (NYSE:TWX) for 5,433 shares. Wilkins Invest Counsel, a Massachusetts-based fund reported 11,999 shares. Wendell David reported 3,610 shares or 0.05% of all its holdings. Regent Management last reported 42,610 shares in the company. Ascend Capital Lc accumulated 116,070 shares or 0.56% of the stock. Moreover, Henderson Public Lc has 0.06% invested in Time Warner Inc (NYSE:TWX) for 93,850 shares. Boston Prtn last reported 0.57% of its portfolio in the stock.

Insider Transactions: Since May 9, 2016, the stock had 0 insider buys, and 6 selling transactions for $8.20 million net activity. 8,400 shares with value of $626,724 were sold by NOVACK KENNETH J on Thursday, June 9. The insider CAPPUCCIO PAUL T sold 56,595 shares worth $4.43 million. Magee Karen sold $1.14M worth of stock. On Monday, May 9 the insider BOLLENBACH STEPHEN F sold $596,669. 3,000 shares with value of $227,370 were sold by GINSBERG GARY L on Friday, June 3.

More important recent Time Warner Inc (NYSE:TWX) news were published by: Profitconfidential.com which released: “Time Warner Inc: Superheroes Could Send TWX Stock Flying” on September 22, 2016, also Businesswire.com published article titled: “Jessica Holscott Appointed Head of Investor Relations for Time Warner Inc.”, Wsj.com published: “Time Warner, Viacom Reported to Be Bidding for Argentine TV Broadcaster Telefe” on September 28, 2016. More interesting news about Time Warner Inc (NYSE:TWX) was released by: Fool.com and their article: “Better Buy: Netflix, Inc. vs. Time Warner” with publication date: September 16, 2016.

TWX Company Profile

Time Warner Inc. (Time Warner), February 4, 2000, is a media and entertainment company. The Firm operates in three reporting divisions: Networks, Film and TV Entertainment and Publishing. Networks consist of television networks and premium pay and basic tier television services and digital media properties. Film and TV Entertainment consists of feature film, television, home video and videogame production and distribution. Publishing consists of magazine publishing. In August 2012, Turner Broadcasting System, Inc. acquired Bleacher Report.